Why Gartner Stock Skyrocketed This Week

Gartner's stock surged 22.9% this week after the company reported better-than-expected second-quarter results, beating Wall Street estimates for earnings and sales. Despite concerns about AI disruption, Gartner raised its full-year earnings and free cash flow targets and expanded its share buyback program. This strong financial performance and continued capital allocation strategy contributed to the significant stock price increase.